4700 Hermano Drive
4 Beds/6 Baths on 11,838 sqft on a total lot size of 1.61 acres built in 1989 in Tarzana. The home was designed by Ron Firestone A.I.A. for the Yacoobian Family who appear to manage real estate properties according to this 1988 LA Times article. The home is currently in a pending status with a current asking price of $4,799,000.
The home has been listed on and off the market with the original listing back on May 5, 2011 for $8.9 million and has been dropping ever since with new offerings at $6.9 million on August 18, 2011, $6.895 million on October 15, 2011, $5.995 million on February 9, 2012, $5.495 million on March 7, 2012, and $5,999,999 on July 12, 2012.
According to the listing:
Seller Highly Motivated. Will carry back/accept trade. Ron Firestone A. I. A. Up a long private gated drive lies a magnificent trophy estate with 360 degree views of the Valley and El Caballero Country Club. One of a kind property featuring a grand motor court with 15 private garages, perfect for a car collector. This castle-like estate features grand scale rooms, formal living and dining, media, gourmet top-of-the-line kitchen, office and luxurious master suite. Designer details include marble and inlaid granite floors, gold leaf hand painted moldings, grand floating staircase and elevator. Professionally landscaped grounds include mature palms, private dining terraces, slate decked pool, spa gazebo, covered BBQ station and water elements throughout. Detached guest house with 1,700 sq feet perfect for staff quarters, guests, media or office. Truly a one of a kind property, this estate is unmatched in quality of construction, architectural design and setting.You can view more SFV Architecture and Real Estate here.
|Above images courtesy Hilton & Hyland|